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Developed real estate ex-U.S. (WPS) holds its ground over the last 2 months as domestic property...

Developed real estate ex-U.S. (WPS) holds its ground over the last 2 months as domestic property (IYR) falls more than 7%. YTD, WPS is up 25.4% vs. an 8.7% gain for IYR. Another international fund, VNQI - holding many of the same stocks, but less top-heavy - has posted an even greater return, +28.1%.
Comments (3)
  • smarton
    , contributor
    Comments (51) | Send Message
     
    Wow. Exxon for a carbon tax. I see where they're coming from. The proposed amounts are so insignificant, and will give their businesses a possibly measurable advantage over coal through a combination of direct and indirect effects.

     

    It's a good start. The amount of the tax should be designed to increase over time, to have a meaningful incentive effect in a meaningful timeframe (which at the level of $20 per tonne it likely won't have), yet not cause short term economic disruption.

     

    But seeing Exxon's paws in it likely means it will be designed to be meaningless in reducing overall carbon consumption. We need to make sure the taking stick is in our hands, not theirs.
    16 Nov 2012, 03:54 PM Reply Like
  • BUD013
    , contributor
    Comment (1) | Send Message
     
    Who we? Who they?
    18 Nov 2012, 02:48 PM Reply Like
  • smarton
    , contributor
    Comments (51) | Send Message
     
    Wow. Mobile app fail.
    19 Nov 2012, 04:42 PM Reply Like
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